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by jdcarr
3074 days ago
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With the staggering drop in the cost of renewables and grid-battery storage I just don't see how nuclear has a bright future in any regard. They're unbelievably capital intensive and have a mean construction time of 7.5 years [0]. I'm from the UK so it's easy to point to Hinkley Point C as an example of this. It's been in planning for a decade and certainly won't be in operation for a similar amount of time, and the currently proposed strike price is around £90/MWh, compared to the ~£60/MWh we've seen from offshore wind projects. Let alone mentioning those have the advantage of being independently deployable with how developers can generate income on a per-turbine basis rather than waiting for the entire farm to be constructed. And while nuclear is certainly much less CO2 intensive than any fossil-fuel source even a pro-nuclear body's publication shows that wind produces approximately as much CO2/GWh over an installations lifetime as nuclear does [1]. [0] http://euanmearns.com/how-long-does-it-take-to-build-a-nucle...
[1] http://www.world-nuclear.org/uploadedFiles/org/WNA/Publicati... section 4 |
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